Research of Optimization Framework for China's Low-Carbon Technology Development Based on 3E Model: A Case Study of Electricity Industry

Abstract:

Energy security and climate change are the two major challenges facing human society, its a hot topic that how to realize comprehensive balance and coordinated development among Energy-Economy-Environment. Low-carbon technology is the key to the development of low-carbon economy, and rational planning of the development of low-carbon technology roadmap has the role of guiding low-carbon industry development. This study aims at the lowest cost on carbon emission reduction technology under the constraints of carbon emission reduction targets in all stages; establishes the framework of low-carbon technology development to make portfolio optimization based on MARKAL model; and then take electricity industry for example, and conduct Scenario Design on low-carbon technology in electricity industry by stage in order to define the best low-carbon technology roadmap of electricity industry over the next 40 years. On that basis, propose the matching policy recommendations to ensure the development of low-carbon technology roadmap. The proposed optimization framework of low-carbon technology roadmap can provide technical methods for the development of low-carbon technologies and establishment of related policies in other industries.

• Periodical: Applied Mechanics and Materials (Volume 535)
• Pages: 500-505
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.535.500
• Online since: February 2014
• Authors: Zhe Liu, Wei Hua Zeng*
• Keywords: Low-Carbon Technologies, MARKAL Model, Portfolio Optimization, Scenario Design, System of Energy-Economy-Environment (3E)

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